Neil Shekhter of NMS Properties - Affordable Cities To Move To In 2018

March 10, 2018
/ According to Neil
Shekhter, there are numerous cities with a low cost of living
and a high quality of life. Many individuals want to live in a
community that is affordable, offers plenty of universities and
colleges, has low unemployment and a choice of entertainment on a
Saturday evening. One affordable city that should be considered is
Lansing, Michigan.

Lansing is the capital of Michigan. The city is located
approximately ninety minutes from Detroit. This college town was
ranked by Livability.com as
an extremely affordable city to live in 2018. Livability is an
educational and real estate research website. The national price
for home listings in 2018 is $269,500. Lansing offers homes for a
third less at $89,000.

The site researched 2,300 cities. They looked for populations from
20,000 through 350,000. They ranked the cities based on their
demographics, amenities, health care, economy, education, civil and
social capital, housing, infrastructure and
transportation. Neil Shekhter stated these cities and
towns offer a high quality of life with a fairly low cost of
living.

East Lansing neighbors Lansing and both college towns are home to
the Lansing Community College, Western Michigan University, Lansing
and Michigan State University. This is additionally where several
big insurance companies have chosen to locate their headquarters.
This includes Jackson National Life Insurance Co. as well as two of
the plants operated by General Motors. Winona Dimeo-Ediger refers
to Lansing as an underrated gem. Neil Shekhter believes that the city is
changing and growing in numerous excellent areas.

These are the reasons Lansing has become a desirable destination
for people purchasing homes. A few years ago Lansing began to
recover from the effects of the recession. This enabled them to
really take off. These are the sentiments of Stacy. She is a real
estate agent for Coldwell Banker Hubbell Briarwood. She said this
has actually caused a housing shortage in the area. The builders
are constantly constructing condos in the city and homes for single
families in the subdivisions but are unable to build them fast
enough. Stacy says she sees new construction everywhere.

Stacy added many offers for these homes are above the asking price
and generally cause a bidding war. The same day a property is
listed on the market her clients submit offers exceeding the asking
price by roughly five percent. People are wanting the newly
constructed homes because that is all that is available.

Many cities were mainly industrial in the past but are resurging.
This includes Cincinnati, NY and Buffalo. These cities are on the
list along with some of the smaller cities including Knoxville,
Tennessee and Savannah, Georgia. These cities are trendier and more
desirable than they were in the past. Dimeo-Ediger stated people
can live in these cities without all their money being spent on the
basics. There is enough money left to fully enjoy everything these
cities have to offer.

Launching NMS Properties in 1988, Neil
Shekhter assumed the role of CEO in January 1995. The real
estate management company focuses on multi-family and mixed-use
properties in the Greater Los Angeles area and in Santa Monica. At
present, NMS properties manage more than 70 properties.

Over the course of 2017, NMS deployed 40 furnished units in Los
Angeles, and Neil
Shekhter plans to triple that number in 2018. The company
currently manages some of its properties while testing a pilot
with MY
SUITE.